<p>Some colleges may accept AP credit for specific courses, but may still require students to amass a certain number of credits from the institution itself (i.e. 128) to graduate. If that’s the case, no time or money is saved, although the student gains some curricular flexibility.</p>
<p>APs are useful as a marker for a certain kind of student; but as they proliferate, colleges are beginning to balk at crediting them as generously as in the past. As Fendrock upstream noted, many better private institutions don’t take them at all, and never have.</p>